All Photos
General Description
minimizeCleared 19.3+ Acres Wrap by SW Corner of Magnolia Pkwy/CR 59 & Manvel Rd/FM 1128 w/road frontage on both (~2400 ft on Magnolia Pkwy & ~430 ft on FM 1128). All city utilities. Wraps around 7-11 at the traffic light corner. Zoned General Commercial. Seller has had initial workshops w/the City regarding a Planned Development (PD) for a mixed-use of retail & multifamily. Seller will work w/Buyer to get the Planned Development (PD) done. There are currently no other locations in the area where multifamily can be built in Pearland so the barriers to entry are strong. Property lies 3.5 miles E. of SH 288, 3.3 miles W. of SH 35, 6 miles N. of SH 6, 1 mile S. of FM 518, 15 miles S. of the TX Medical Center & 18 miles S. of Downtown. Projected population within 3 miles is 84,483 in 26,719 Households in 2023 representing a 13.42% 5-year growth from 2018 to 2023. Site will require detention which has had initial engineering done by the Seller. This is one of the last major tracts left in the area.
Exterior Features
Additional Information
Financial Information
Listing Broker:
Keller Williams MetropolitanProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $595,800 | 0.00% | $236,395 | 0.00% |
| 2022 | $-- | $595,800 | 7.90% | $236,395 | 7.98% |
| 2021 | $-- | $552,160 | 0.00% | $218,930 | 0.05% |
| 2020 | $-- | $552,160 | 2.44% | $218,810 | -2.85% |
| 2019 | $-- | $539,010 | -31.57% | $225,230 | -71.41% |
| 2018 | $-- | $787,670 | 79.71% | $787,670 | 79.71% |
| 2016 | $-- | $438,290 | 73.74% | $438,290 | 73.74% |
| 2015 | $-- | $252,270 | 9.71% | $252,270 | 9.71% |
| 2014 | $-- | $229,940 | 36.64% | $229,940 | 36.64% |
| 2013 | $-- | $168,280 | $168,280 |
2023 Brazoria County Appraisal District Tax Value
| Market Land Value: | $595,800 |
| Market Improvement Value: | $0 |
| Total Market Value: | $595,800 |
2023 Tax Rates
| PEARLAND CITY: | 0.6238 % |
| BRAZORIA CTY DRAIN DIST #4: | 0.1380 % |
| BRAZORIA COUNTY: | 0.2911 % |
| COUNTY ROAD & BRIDGE: | 0.0500 % |
| PEARLAND ISD: | 1.3027 % |
| Total Tax Rate: | 2.4056 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 27,470 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 474 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
Excellent | View Nearby Schools ↓
Property Map
minimize0 Magnolia Pkwy Pearland TX 77584 was recently sold. It is a 19.31 Acre(s) Lot, in H T & B R R.
Click to view phone
items